Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2020

Stock-Based Compensation [Abstract]

Information regarding stock option plan

Information regarding our stock-based compensation plan is as follows as of and for the three months ended March 31:

	2020						2019
				Weighted-						Weighted-
		Weighted-		Average	Aggregate			Weighted-		Average	Aggregate
		Average		Remaining	Intrinsic			Average		Remaining	Intrinsic
	Number	Exercise		Contractual	Value		Number	Exercise		Contractual	Value
	of Shares	Price		Term (in years)	(in thousands)		of Shares	Price		Term (in years)	(in thousands)
Outstanding at beginning of period	234,173	$	6.60				349,023	$	6.32
Granted	10,500		8.26				—		—
Exercised	(2,050)		6.78				(15,511)		5.24
Forfeited	—		—				(11,500)		5.46
Outstanding at end of period	242,623	$	6.67	2.7	$	69	322,012	$	6.41	3.3	$	989
Exercisable at end of period	159,884	$	6.37	2.3	$	69	175,189	$	5.96	2.6	$	617

Stock options valuation assumptions

Expected life		5.5 years
Risk-free interest rate		0.95	%
Expected volatility		27.83	%
Expected dividend yield	$	1.95
Weighted average per share fair value of options granted	$	1.75